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Updated over 2 years ago,
Short term rental on H1B visa
Hello All,
I'm new to real estate investment and thinking of starting short term rentals (Airbnb & Vrbo). As I'm on H1b visa, I'm only allowed to have passive income. In case I buy short term rental and hire a property manager to manage my rental, will it be considered as passive? Also, can I open a LLC on H1b visa to buys properties?
TIA